No matter what your economic development needs in South Dakota are, the Governor’s Office of Economic Development can probably help. We have an array of resources at our disposal – from financing to research, from networking to cutting red tape - that you can use to help your new or existing business grow.

“Thanks to the South Dakota WORKS
program, we were able to purchase the equipment we needed to expand our brand and open Prairie Berry East Bank in downtown Sioux Falls.
Our guests in the Sioux Falls area can now sip, savor and enjoy all the flavors of Prairie Berry.”

In South Dakota, we want our businesses to be successful. We want companies to keep the money they make. That’s why we spend time doing research and analyzing industries to find the best fits for our state.

“Thanks to the South Dakota WORKS
program, we were able to purchase the equipment we needed to expand our brand and open Prairie Berry East Bank in downtown Sioux Falls.
Our guests in the Sioux Falls area can now sip, savor and enjoy all the flavors of Prairie Berry.”

South Dakota is the home of unsurpassed beauty and a business climate you won’t find anywhere else. Study after study ranks South Dakota as one of the best states in the union to do business and as one of the highest qualities of life.

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The Heartland Energy ONE Incentive is designed to facilitate significant new business development and the expansion of existing businesses. The program is designed for new retail loads with an approximate demand of one megawatt or larger.

The Energy ONE Incentive provides a special energy-only rate which is fixed for three years to provide consistent and predictable pricing for the qualifying retail customer.

Large users of electricity typically pay a separate demand charge to have energy capacity available to them at all times. It may be difficult for a new business to estimate what their monthly demand will be. The Energy ONE Incentive eliminates that concern for their first three years of operation, allowing the business to establish use patterns and better plan for the future.

Details

The qualifying retail customer must be located within the service territory of a community served by Heartland and offering the Energy ONE Incentive.

The qualifying customer must have a new or expanding load that is approximately one megawatt or larger, as determined by Heartland, and Heartland must experience the corresponding increase in its load equivalent to the new or expanding load.

The new load of the qualifying retail customer will be eligible for the Energy ONE Incentive rate.

The incentive rate is an energy-only rate that will be fixed for three calendar years.

At start-up, the qualifying retail customer will be eligible to use the then-effective incentive rate for the remainder of the three-year period.